The South West Heritage Trust
Registered name: THE SOUTH WEST HERITAGE TRUST
The South West Heritage Trust made £386k revenue and £151k profit in the year to 31 Oct 2024.
The South West Heritage Trust’s revenue grew 19% to £386k in the year to 31 Oct 2024, with £151k profit and 73 employees. The company is classified under “library activities” and is based in Taunton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Taunton, South West
- Age
- 12 yrs · since 2014
- Type
- PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £323k | £386k |
| Cost of sales | −£67.6k | −£72.6k |
| Gross profit | £255k | £313k |
| Operating profit | £108k | £151k |
| Profit before tax | £108k | £151k |
| Profit after tax | £108k | £151k |
| Profit (best available) | £108k | £151k |
| Employees (average) | — | 73 |
| Ratios | ||
| Profit margin | 33.6% | 39.2% |
| Gross margin | 79.1% | 81.2% |
| Revenue per employee | — | £5.3k |
| Profit per employee | — | £2.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲19.4% |
| Profit growth | — | ▲39.5% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data May 2025 | Accounts · bulk data May 2025 |
How the business works
- Profit margin
- 39.2%
- Profit ÷ revenue.
- Gross margin
- 81.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £5.3k
- Revenue ÷ average employees.
- Profit per employee
- £2.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 73
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- South West Heritage Trust Trading LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Oct 2024 (profit £151k), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.
Updated from Companies House on 22 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.